MERRY CHRISTMAS, AMERICA!
The Wall Street Journal sends a daily email to subscribers with highlights from the news. Today’s (12/26) email begins:
“Stocks and bonds are staging an extraordinary run. They are on track for their biggest simultaneous gains in more than two decades. The S&P 500 has soared 28.6% this year, while a bond rally has pushed the yield on the benchmark 10-year Treasury note down by three quarters of a percentage point. Yields move inversely to prices.
Behind this year’s gains: An improving economic outlook, progress on trade and the Fed’s interest-rate cuts. The progress on trade includes, most recently, China’s announcement that it will lower tariffs on more than 800 product categories.”
And that’s just for openers for good news for all Americans.











